For Sale

88 Charles St, Boston, MA

Boston · MA 02114

$6,495,000
Price
2
Beds
9
Baths
4590
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1899
Units: 10 Units
Lot size: 1,633 Sq.Ft Lot
Price per square foot: $1,415 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

The Bancroft is a luxury 10-unit brick apartment building with premium street-level retail, located in the heart of Boston’s historic Beacon Hill neighborhood. Six-story building features nine residential apartments and one retail suite. Fully renovated and 100% leased, the property generates strong annual income and offers investors an attractive combination of a premier location, high-end finishes, stable in-place cash flow, and future upside potential. Perfect wealth asset for 1031 exchange and long term hold. 88 Charles Street has been thoughtfully renovated and transformed into one of the premier residential rental properties on Charles Street. The unit mix includes eight studio apartments and one duplex two-bedroom apartment. The property also benefits from two valuable off-street parking spaces and a private outdoor patio area at the rear of the building, adjacent to Mt. Vernon Square.

Neighborhood & Transit

88 Charles St, Boston · MA 02114

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Charles/MGH Red 0.19 mi
  • Park Street GreenRed 0.43 mi
  • Arlington Green 0.44 mi
  • Boylston Green 0.48 mi
  • Bowdoin Blue 0.50 mi

Price Insight

Days on Market:
14 days
Listing Price:
$6,495,000
Price per Sq.Ft:
$1,415
Tax Assessment:
$2,384,400 in 2027
Taxes:
$3,101 / Monthly

Home Facts

Interior Features

Bedrooms
2
Full Bathrooms
9
Half Bathrooms
0
Living Area
4,590 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4590
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
1,633 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Carl Christie
Listing office
Carl Christie
MLS PIN #
73592727